MERCEDES DR, FL, FL 33316
Parcel: 504213060120 · 00 · Zoning:
Assessed Value (2026)
$1,562,890
Sales History
1
$33,000
1970-11-01
2
$77,143+134%
1978-04-01
3
$1,450,000+1780%
2002-04-04
4
$5,164,000+256%
2025-01-30
Tax Assessment History
$1,562,890
Assessed (2026)
$2,717,000
Market Value
$1,562,890
Taxable Value
$31,819
Annual Tax
2025
$3,385,351
$0
2026
$1,562,890
$2,717,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $1,562,890 | $2,717,000 | $1,562,890 | $31,819 | $2,717,000 | $0 |
| 2025 | $3,385,351 | $ | $1,420,810 | $28,927 | $2,470,000 | $0 |
About MERCEDES DR, FL, FL 33316
MERCEDES DR, FL, FL 33316 is a property. The property is currently owned by RICE,ELMORE W III & RICE,SHIRLEY, recorded as of 2026-04-26. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2025-01-30 for $5,164,000. The property has appreciated $3,714,000 (256%) since the prior sale of $1,450,000 on 2002-04-04. There are 4 recorded sales for this property.
The 2026 assessed value is $1,562,890 with a market value of $2,717,000. The assessed value decreased 54% from $3,385,351 in 2025. MERCEDES DR, FL, FL 33316 is located in FL, Florida.
Property records, tax assessments, sales history, and ownership information for this FL property are sourced from broward County public records. The complete ownership history of this property spans from 1970 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 30% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
RICE,ELMORE W III & RICE,SHIRLEY
11720 SEA STAR DR, INDIANAPOLIS, IN, 46256
Since: 2026-04-26
View owner profile →
Est. Annual Insurance
$15,247 — $27,525
Flood $400 — $800
Property/Wind $14,847 — $26,725
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood 33316
57%
Owner-Occ
43%
Investor
85
Flips (4yr)
3,889
New Biz (3yr)
Distress Risk
HIGH
64